Green: US Dollar Index Red: Nasdaq Orange: S&P 500 Yellow: Dow Jones Since January 6th, 2021, the US Dollar index started gaining momentum and crossed 200 EMA 5 days ago and stayed above it in the last 5 days! As it is obvious it is negatively correlated to major indexes, and I believe as we move forward it will show its effects more and more! my view on DXY is bullish for short and midterm.